Property Type: Detached HouseOwnership: Freehold

55 ELKINGTON Drive

Kitchener, BC N2B1S1

$699,900

3 bed2 bath3 parking2,108 sqftBuilt 1961
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Frontage
52 feet

RES-2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$3,908.68

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer

Exterior & Lot

Exterior features
Brick
Lot features
Paved driveway

Building

Water source
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas, Electricity, Cable, Telephone

Parking

Total spaces
3 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
Bonus RoomBasement6'9'' x 9'10''
Recreation roomBasement13'4'' x 28'6''
Cold roomBasement5'1'' x 10'1''
4pc BathroomBasement9'8'' x 8'11''
4pc BathroomMain level6'5'' x 6'6''
BedroomMain level9'11'' x 10'4''
BedroomMain level7'10'' x 10'4''
Primary BedroomMain level12'1'' x 13'2''
Dining roomMain level7'2'' x 10'3''
KitchenMain level8'11'' x 10'3''
Living roomMain level15'0'' x 21'3''

Listing Information

MLS®
40857723
Listed
August 30, 2026
Time on market
On the market for 15 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX TWIN CITY REALTY INC. · Data source: CREA DDF.

Description

Wow! Freshly renovated 3 bed 2 bath bungalow w/a finished basement & private back yard. Brand New windows, Patio door & front door Aug 2026. Freshly Painted Aug 2026, Refinished Flooring Aug 2026. New kitchen counters Aug 2026 & New Kitchen Appliances! Great location in an established subdivision, minutes to the expressway, schools, shopping & amenities! Thoughtfully designed home offering 3 comfortable bedrooms, a spacious open living area & excellent indoor-outdoor flow. The main level features a generous living room, providing plenty of space for relaxing & entertaining, along w/a dedicated dining area and an updated kitchen. The primary bedroom offers a comfortable private retreat, while 2 additional bedrooms provide flexibility for family, guests, or a home office. Ample closet storage throughout helps keep everyday living organized. One of the home's great features is the expansive deck in your private back yard, easily accessible from the dining room, ideal for outdoor dining, morning coffee, or summer gatherings. A welcoming foyer and central hall create a practical transition between the private bedroom wing & the home's main entertaining space. With its generous living room, functional floor plan, abundant storage, & exceptional outdoor space, this home offers a comfortable blend of everyday livability & entertaining appeal. The finished basement adds a good amount of living space, centered around a spacious recr-room, perfect for a media rm, game rm, fitness area, or a playroom. A bonus room with its own closet provides a comfortable space for guests, a home office, or additional household flexibility. The basement also includes a 4-piece bathroom, making the level especially convenient for guests. A generous laundry room, utility room, dedicated storage space & a cold room. The thoughtful layout provides excellent separation between finished living areas and essential household functions. Book Your Showing today! (id:63159)

Values & Trends

This listing

$332/sqft

Building average

No other active listings in this building

224 - Heritage Park/Rosemount average

$396/sqft

23 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

13°C

Humidity 88%

Wind SE 2 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$430.72
Total monthly cost$4,043.14
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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